NEXA names new CEO, Kortas transitions to executive partner Mike Kortas, head of NEXA NEXA Lending announced that Geri Farr has been promoted to CEO, while founder Mike Kortas will shift to the role of executive partner. Farr joined NEXA in 2025 after a career leading organizations through growth and scale, with experience across wholesale […]
NEXA appoints new CEO, Mike Kortas to be executive partner Read More »
President Trump has resumed social media posts backing housing advocacy, one of which is an online video promoting the “Great American Mortgage Corporations” branding for two government-sponsored enterprises. Processing Content The two promotional videos in the posts renew pledges that Freddie Mac, Fannie Mae, or institutions like them will lower rates, boost purchase applications and
Trump posts new support for GSEs, lower mortgage rates Read More »
Lenders retained servicing rights on 57% of August volume — up from 53% the prior two months — as tighter execution spreads and rising MSR values reshaped the sell/retain calculus, even as August lock volume fell across the board on a 47% annual drop in rate-and-term refis, Optimal Blue said. Processing Content While conforming rates
MSR retention hits 57% share: benchmark your sell strategy Read More »